Today’s episode is the third and
final instalment of our series on domestic and international
supplying. We have talked about shipping in both the United States
and from overseas. We have also talked about the politics involved
in overseas suppliers. Today we finish this series with how to find
a supplier you can work with and make money.
There are tons of online
suppliers that offer cheap products for newcomers. These sites are
helpful, but the ideal situation is to explore the market and find
your product through trial and error. On today’s episode we share
our experience with finding our products and offer practical advice
on how to be smart about it.
The main points from today’s show are:

Why
you should consider the long term when looking at a
supplier
Places to find product and the power of word of
mouth
How
order amount is good indicator of a profitable product
The
reasons to consider domestic suppliers
The
math equation for smart product ordering
What
is bank management

We could try to explore what
makes a great product and how to find the best seller, but there is
no formula for what works and what doesn’t. This will conclude our
series on this subject, but we hope we gave some useful information
on how to approach building and managing your inventory.
Resources from Today’s Episode:
Cuttingboard.com
ColorIt
Shopify
Amazon
ThomasNet
Alibaba
Global Sources
Made in China
If you have any questions or
anything you’d like us to discuss on the podcast please go
to ecomcrew.com and fill out the contact form. Also we would
really appreciate if you would leave us a review on
iTunes. Thanks for listening!